Org.nr 992 037 601 2022 → 2023 Year-over-year analysis

ACCENTURE AS: årsregnskap 2023 vs 2022

Grew 24% on revenue, stronger earnings

approved 2024-02-01; registry 2024-02-05; journal 2024 304157

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACCENTURE AS. Revenue 2.61bn NOK → 3.23bn NOK (+24.1%). Net result +65.49m NOK → +97.40m NOK. Equity 285.74m NOK → 211.69m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCENTURE AS.

Scorecard

Revenue
2.61bn NOK 3.23bn NOK
+24.1%
Operating result
+87.12m NOK +128.88m NOK
+47.9%
Net result
+65.49m NOK +97.40m NOK
+48.7%
Equity
285.74m NOK 211.69m NOK
-25.9%
Cash
56.11m NOK 607.79m NOK
+983.2%
Total assets
1.00bn NOK 1.10bn NOK
+10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.61bn NOK to 3.23bn NOK (+24.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +87.12m NOK → +128.88m NOK (op. margin 3.3% → 4.0%). Calculated

  • ↑

    Net result improved

    Net result +65.49m NOK → +97.40m NOK (net margin 2.5% → 3.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 56.11m NOK → 607.79m NOK (+983.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 285.74m NOK → 211.69m NOK (equity ratio 28.6% → 19.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 285.15m NOK → 114.28m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1.29bn NOK → 1.40bn NOK (49% → 43% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 859.70m NOK → 1 152 NOK (-100.0% YoY). Calculated